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ProjectSyndicate
Jun 12, 2020 6:04 PM

QQQ daily: SOLD OFF from my level. 20% correction.(NEW) Short

Invesco QQQ Trust, Series 1NASDAQ

Description

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QQQ daily: SOLD OFF from my level. 20% correction.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

click play to recap my previous setup.
QQQ sold from my level.

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🔸 Summary and potential trade setup
::: I've warned you about it before it happened
::: QQQ daily chart review
::: fake V-shape recovery spells trouble
::: market disconnected from reality
::: civil war in US in progress
::: record unemployment in progress
::: small businesses going bankrupt
::: Only reason we are going UP now
::: retail traders GREED
::: when there's GREED there's also PAIN
::: get ready for 20% decline in QQQ
::: VPVR POC at 186 is TP bears
::: this also spells MAJOR trouble for CRYPTO
::: BTC goodnight dump soon. TP 7500 USD.
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
Comments
AlphaBotSystem
Interesting perspective, we have a different and conflicting theory here.
honossmustangrtr
hi, are you still on the same projection of a 20% correction within the next 2 months?
Thanks
illuminating_trade
But in total I agree with you :)
Your big picture is outstanding
illuminating_trade
Since the chart changed, I think the QQQ will go up further before it breaks down to the bottom.:)
illuminating_trade
I have same theory as well.:)
Could you spx also ?:)
EricKam
That's good.
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